Will the PCE Deflator pressure the Fed?
Friday 31st May 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABInflation is taking a long time to come down, everywhere it seems. Europe reports its CPI today, but the numbers from Germany and Spain have already shown it’s taking longer than expected. NAB’s Gavin Friend talks about expectations around the Fed’s preferred inflation measure, the Core PCE Deflator, out later today. With Fed speakers doing their best to pus expectations further back a high number here could be the ammunition needed for those expected no cuts this year, and maybe a…
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